NASDAQ$ZVRA

Zevra Therapeutics Inc · Q4 2023 earnings

Q4 2023 earnings · · Investor relations

Briefing

Reported financial results for the fourth quarter and year ended December 31, 2023.

Zevra Therapeutics reported Q4 2023 net revenue of $13.2 million. The company is focusing on the launch of OLPRUVA, preparing for the launch of arimoclomol, and advancing the KP1077 development program.

  • Completed the acquisition of Acer Therapeutics, Inc.
  • OLPRUVA commercial launch is underway with a focus on centers of excellence and a Quick Start program.
  • Submitted a comprehensive data set to FDA supporting its resubmission of the New Drug Application (NDA) for arimoclomol.
  • Reported positive topline data from its Phase 2 study of KP1077 in patients with IH.

Headline financials

Total Revenue

$13.2M

Previous: $2.3M+474.7%
EPS (adj)

-$0.40

Previous: -$0.26-53.8%
Capital Expenditures

$72K

Previous: $34K+111.8%
Net Income

-$19.6M

Previous: -$9M-117.8%
Operating Income

-$27.3M

Previous: -$9.2M-196.7%
Gross Profit

$11.2M

Previous: $2.18M+415.5%
R&D Expense

$11.2M

No prior period
Stock-Based Comp

$2.87M

Previous: $955K+200.8%

Revenue & EPS history

Zevra · Revenue · Quarterly

$13.2M

Q4 2023+474.7%vs Q4 2022
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

Zevra's cash runway is expected to extend into 2026, including revenue from OLPRUVA sales, arimoclomol reimbursements, and investments in commercial activities.

Tailwinds

  • Revenue from expected sales of OLPRUVA
  • Ongoing reimbursements from the French EAP for arimoclomol
  • Investments into the incremental commercial activities needed to support the launch of arimoclomol, if approved
  • Completion of the KP1077 development program for IH
  • Potential FDA approval of arimoclomol

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2023

Historical avgQ4 2023

-0.2%

Avg return

Earnings day

+0.0%

Avg return

5 days after

+3.8%

Avg return

30 days after

45%

20 / 44 earnings

Positive

+35.2%

Q2 2015

Best reaction

-19.4%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+6.0%+1.6%-0.1%
Q4 2025+21.3%+9.4%+6.5%
Q3 2025-9.8%-6.4%-13.5%
Q1 2025+3.0%+2.7%+8.3%
Q4 2024-2.1%-2.1%+10.5%
Q3 2024-3.5%-3.8%-5.8%
Q2 2024+2.6%+8.2%+11.5%
Q1 2024-2.7%-5.5%-10.1%
Q4 2023-13.3%-13.9%-23.9%
Q3 2023-3.5%-9.0%+12.7%
Q2 2023+3.8%-4.2%-2.7%
Q1 2023+3.1%+27.7%+37.1%
Q4 2022-19.4%-22.8%+4.9%
Q3 2022-18.3%-17.6%-19.7%
Q2 2022-5.4%-14.6%-4.3%
Q1 2022+2.0%+15.9%+9.5%
Q4 2021-4.7%-1.3%-15.3%
Q3 2021-0.1%-2.1%-9.9%
Q2 2021-9.4%-7.2%-7.6%
Q1 2021+3.4%+10.8%+65.9%
Q4 2020+19.5%+14.4%-8.3%
Q3 2020-5.2%+6.2%+83.0%
Q2 2020+8.7%+46.8%+48.9%
Q1 2020-13.5%-21.2%-27.3%
Q4 2019-0.9%-8.5%-30.9%
Q3 2019+11.3%-5.5%-21.6%
Q2 2019-15.8%-18.3%-25.8%
Q1 2019+4.9%+9.0%+17.2%
Q4 2018-14.6%-16.2%-32.4%
Q3 2018-1.9%-6.9%+8.4%
Q2 2018+5.5%+0.0%+13.7%
Q1 2018+16.8%+23.8%+35.6%
Q4 2017-9.9%-13.2%-29.1%
Q3 2017+1.4%+0.0%+1.4%
Q2 2017+8.5%-8.5%+9.3%
Q1 2017+0.0%+3.8%+2.5%
Q4 2016+9.7%+18.1%+31.9%
Q3 2016+3.8%+3.8%-3.8%
Q2 2016+0.0%+7.7%+22.0%
Q1 2016-15.7%
Q4 2015+0.7%
Q3 2015-8.8%
Q2 2015+35.2%
Q1 2015-2.7%
Q4 2014
Q3 2014
Q2 2014
Q1 2014

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